301-587-4849

Government Contracting

QuickBooks bookkeeping for Government Contracting in and around Montgomery County, MD and Washington, DC

Get DCAA-Compliant with QuickBooks

If you’re already using QuickBooks for your small business accounting needs, we can make it DCAA-compliant for you. With roughly 4 million users, QuickBooks is the #1-rated and best-selling financial software for small businesses. And we know the exact steps you need to take to make it DCAA-compliant so you can continue to use QuickBooks without an expensive software conversion.

Keeping Your Government Contracts

With QuickBooks, there can be a bit of a learning curve on how to use it, even if you don’t have government contracts. Add in all the things you need to do to make it DCAA-compliant, and you’ve got quite a project in your hands.

That’s why we specialize in helping you get QuickBooks to meet the needs of you specific contract. Here are just a few of the things we do for you:

  • Customize your Chart of Accounts so that the totals that the government needs are easily calculated
  • Customize the invoice to the exact specification of the General Contractors
  • Set up the necessary vendors, items, customers, and jobs, per DCAA-compliance requirements
  • Fulfill the timekeeping requirement by setting up a system for that
  • Provide you with a payroll system, if needed
  • Any other requirements that you need to keep your contracts

In-Depth QuickBooks Expertise

These days, understanding how to best use QuickBooks has grown into its own set of skills apart from traditional bookkeeping experience. Even the best bookkeeper must spend extra time getting to know how to use QuickBooks in order to enter all of the transactions most efficiently and accurately.

We’ve gathered our QuickBooks knowledge across multiple years, multiple versions, multiple companies, and multiple industries. Our staff includes Certified QuickBooks ProAdvisors, providing you with peace of mind that we have to expertise to tackle your requirements.

Beyond DCAA-Compliance

Once we’ve worked with you to make your QuickBooks DCAA-compliant, we can also help you run your business better with timely information. Some of the ways we can help you make the most out of your QuickBooks software, including:

  • Installation, setup, and customization for your specific business needs
  • Training and support for you or your bookkeepers to save you valuable time and money
  • Data and file analysis and troubleshooting, in case you’re experiencing problems
  • Customized reports to get you the business intelligence you need
  • Add-ons and upgrades, in case you need more functionality

Bookkeeping Support for Government Contractors

Our bookkeeping services are tailored to meet each of our client’s needs, as well as meeting the requirements of the DCAA. Some of the services we provide are:

  • Preparing and submitting customer invoices
  • Receiving payments against customer invoices
  • Inputting and payment of vendor bills
  • Submitting and recording payroll
  • Bank reconciliation
  • Generating financial and job cost reports
  • Cash flow analysis
  • Budget preparation and maintenance
  • Add and prepare industrial funding fee reports and submissions
  • Create specialized items for various SIN’s

DCAA Software Selection & Implementation

  • We recommend appropriate DCAA compliant software that is right for your company. Software selections include:
  • QuickBooks™
  • ICAT
  • EFAACT
  • Time keeping solutions
  • Third party solutions: Bill Quick, Springahead

Complimentary Consult

Please give us a call or email us to schedule a free consult to discuss your restaurant accounting needs.

Contact Us

Accounting and QuickBooks® services

Arrow Bookkeeping

8737 Colesville Rd #501 Silver Spring, MD 20910

301-587-4849

info@arrowbookkeeping.com